PDD Holdings Inc. (PDD)

NASDAQ: PDD · Real-Time Price · USD

85.69

+1.00 (1.18%)

At close: Aug 28, 2026, 4:00 PM EDT

85.92

+0.23 (0.26%)

After-hours: Aug 28, 2026, 7:59 PM EDT

PDD Holdings Ratios and Metrics

Market cap in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	121,971	160,974	134,697	194,386	103,111	73,067
Market Cap Growth	-29.54%	19.51%	-30.71%	88.52%	41.12%	-66.47%
Enterprise Value	55,493	102,948	92,181	169,293	86,131	59,806
Last Close Price	85.69	113.39	96.99	146.31	81.55	58.30

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	9.35	11.51	8.74	22.96	22.55	59.75
Forward PE	7.70	9.54	8.57	22.91	21.23	48.08
PS Ratio	1.84	2.61	2.50	5.57	5.45	4.94
PB Ratio	1.83	2.72	3.14	7.36	6.04	6.18
P/TBV Ratio	1.85	2.72	3.14	7.36	6.05	6.24
P/FCF Ratio	7.41	10.64	8.13	14.73	14.86	18.21
P/OCF Ratio	7.33	10.53	8.06	14.64	14.66	16.13
PEG Ratio	0.88	2.35	0.40	1.00	0.50	1.20

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	0.84	1.67	1.71	4.85	4.55	4.04
EV/EBITDA Ratio	3.80	7.68	6.17	20.18	18.21	45.27
EV/EBIT Ratio	3.82	7.73	6.21	20.45	19.54	55.09
EV/FCF Ratio	3.37	6.81	5.56	12.83	12.41	14.90

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Debt / Equity Ratio	0.01	0.01	0.03	0.05	0.14	0.17
Debt / EBITDA Ratio	0.05	0.06	0.10	0.17	0.51	1.43
Debt / FCF Ratio	0.04	0.05	0.09	0.11	0.35	0.50
Net Debt / Equity Ratio	-1.01	-1.01	-1.02	-1.11	-1.12	-1.07
Net Debt / EBITDA Ratio	-4.56	-4.45	-2.94	-3.48	-4.06	-9.55
Net Debt / FCF Ratio	-4.08	-3.94	-2.65	-2.21	-2.77	-3.14
Asset Turnover	0.73	0.76	0.92	0.85	0.62	0.55
Quick Ratio	2.21	2.06	1.82	1.49	1.34	1.05
Current Ratio	2.62	2.43	2.21	1.93	1.85	1.72
Return on Equity (ROE)	22.74%	26.93%	44.92%	39.36%	32.70%	11.48%
Return on Assets (ROA)	10.01%	10.25%	15.89%	12.54%	9.08%	2.54%
Return on Capital Employed (ROCE)	21.90%	22.40%	34.20%	30.10%	25.30%	7.90%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 28, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	11.11%	8.69%	11.44%	4.35%	4.44%	1.67%
FCF Yield	13.50%	9.40%	12.30%	6.79%	6.73%	5.49%
Buyback Yield / Dilution	0.09%	-0.22%	-1.32%	-1.36%	-0.83%	-19.83%

SEC Filings: 10-K · 10-Q